Market value of tokenized U.S. Treasuries exceeds $1.5 billion, with BlackRock BUIDL Fund as the main contributor
Odaily2024/06/15 15:01
By:Odaily
Odaily News The
market cap of tokenized U.S. Treasuries exceeds $1.5 billion, with BlackRock’s BUIDL fund the main contributor. Tokenized RWAs (including Treasuries, bonds, and cash equivalents) have grown 35% since the beginning of April. During the same period, the total value locked (TVL) of Ondo Finance, one of the leading RWA-focused DeFi protocols, increased from $221 million in April to $507 million. BlackRock’s BUIDL (BlackRock USD Institutional Digital Liquidity Fund) led the gains, with a 65% increase since the beginning of the quarter, pushing the total market cap of tokenized Treasuries to over $1.5 billion. Franklin Templeton’s FOBXX (Franklin On-Chain U.S. Government Money Fund) also grew by nearly 27%. (The Defiant)
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
Trump: House Republicans passing tax cut bill now is urgent
Cointime•2025/04/09 16:45
Fed's Kashkari: Tariffs will raise threshold for rate cuts
Cointime•2025/04/09 16:45
Bitcoin’s fragile bid in a fractured world
As equities retest 2024 lows and trade wars are brewing, BTC’s resilience stands out, but it’s not decoupled yet
Blockworks•2025/04/09 16:44
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$78,467.79
+1.55%

Ethereum
ETH
$1,508.63
+1.81%

Tether USDt
USDT
$0.9996
+0.01%

XRP
XRP
$1.88
+0.89%

BNB
BNB
$567.67
+2.58%

USDC
USDC
$1.0000
-0.01%

Solana
SOL
$108.87
+4.26%

Dogecoin
DOGE
$0.1495
+2.94%

TRON
TRX
$0.2317
-0.14%

Cardano
ADA
$0.5829
+1.64%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up now